This is where having an online presence is crucial. Within your GoFundMe page, you tell your compelling story and add valuable photos and videos to sell your product to the masses.Īll of this takes a day to put together, and you’re on your way to starting your dream company.

You decide that crowdfunding is your best bet for success.Īfter analyzing the costs of buying wholesale, and all the other expenses that go into launching a business, you sign-up for GoFundMe and set your fundraising goal at $100,000. You want to make faux-designer dog leashes and you want to sell them online.īanks aren’t giving you loans and investors are difficult to convince. Follow along these below steps to get an idea of how GoFundMe works and ways to get started. Since e-commerce start-ups are on the rise, gaining capital before your product launch will help ensure your company stays afloat.įor example purposes, we are going to pretend that you’re starting a dog leash e-commerce business. GoFundMe serves as a secure way to collect money for a cause determined by you. The opportunities are endless on GoFundMe, but how does the platform really work? How does GoFundMe work? From fundraising for disaster relief to raising money for your e-commerce dog leash company, if you can think it, then you can do it. GoFundMe is one of the most popular fundraising platforms, whether you are an individual, And when starting an e-commerce business, your company can’t get off the ground without money, so many people resort to fundraising efforts like crowdfunding.

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